KAIZEN™ in Mining Industry
Every industry sector has its own challenges and the Mining sector is no exception to it. With high uncertainty and volatility, Mining industries find it difficult to effectively implement their strategies, achieving profits and mitigating risks, but there is a ready-made solution available – practice Operational Excellence or imbibe KAIZEN™.
The rate of change inside the organization must be quicker than the rate of change in the market. Only companies which are Lean are capable to do so. Being Lean is the result of practicing KAIZEN™. In today’s market, if one has to survive, they have to be agile, effective, and efficient. All these can happen by Engaging, Educating, and Empowering the employees. Companies who practice KAIZEN™ can do this effortlessly.
Critical Factors for Mining Industry
The rate of change inside the organization must be quicker than the rate of change in the market. Only companies which are Lean are capable to do so. Being Lean is the result of practicing KAIZEN™. In today’s market, if one has to survive, they have to be agile, effective, and efficient. All these can happen by Engaging, Educating, and Empowering the employees. Companies who practice KAIZEN™ can do this effortlessly.
Critical Factors for Mining Industry
- Process Optimisation - Mining companies rely highly on effective & efficient industrial processes that would result in higher outcomes in the value stream which requires process optimization. It is the basic need of any organization.
- Workplace Management - Workplace Management or widely known as 5-S is a methodology that glaringly highlights the abnormalities, minimizes the waste, and optimizes productivity, resulting in a much better organized Gemba that is visual, safer, and efficient in the underground work area.
- Reduction in Turnaround time (TAT) - To Reduce turnaround time, one should Map the current value stream to find bottle-neck processes and other hurdles of the flow, and based on that standards will be created to resolve problems and to achieve productivity to a great extent.
